Aside from many sellers and many buyers, which one is a characteristic of perfect competition ?

Related Mcqs:

What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market ?

A. Perfect competition B. Oligopoly C. Oligopsony D. Monopoly...

The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest ?

A. 3.90 % B. 3.92 % C. 3.95 % D. 3.98 %...

The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion?

A. $ 5,000,000.00 B. $ 5,010,000.00 C. $ 5,025,000.00 D. $ 5,050,000.00...

What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset ?

A. Asset recovery B. Depreciation recovery C. Period recovery D. After-tax recovery...

What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled ?

A. Authorized capital stock B. Preferred stock C. Incorporator stock D. Common stock...